Tesla picks Nevada for Gigafactory

Nevada is going to produce a lot of batteries for Tesla in the years to come.

CNBC reports (via the Wall Street Journal/Dow Jones) that a press conference will be held tomorrow in Carson City, NV to announce that the state will be the home to the long-discussed, much-anticipated Gigafactory battery plant.

The automaker broke ground at a site near Reno in early August, but would not confirm at that time whether it was indeed the site of the battery facility.

California, Arizona, New Mexico, and Texas were also in the mix to host the plant, but finish as the proverbial bridesmaids. The Tesla Gigafactory is expected to cost $5 billion to construct, occupy 10 million square feet, and be home to 6500 jobs.

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